Global Automated Sortation System Market is anticipated to reach US$ 7.23 Bn by 2029 from US$ 5 Bn in 2022 at a CAGR of 5.4 % during a forecast period.Global Automated Sortation System Market Overview
Automated Sortation Systems are used to detect items on a conveyor system and transport them to the correct location. Various items, such as consumer goods, baggage, mail, and parcels, are sorted using these systems depending on factors such as destination, color, and product kind. Cross belt sorters, push tray sorters, thin belt sorters, and shoe sorters, among others, are examples of automated sorters.To know about the Research Methodology :- Request Free Sample Report
Global Automated Sortation System Market Dynamics
High-speed packing systems are necessary for a high-volume distribution, which is then regulated by the sortation hardware, which determines production speed regularly. Using an automated sortation system, high-capacity products can be sorted consistently and quickly. Additionally, demand for automated sorting systems has risen as a result of rising customer demand for small orders and a need for a precise and efficient shipping system. These methods are used to classify various consumer items such as packaged food and drink, postcards and parcels, medicines, textiles, and so on. It is also utilized in industries such as food and beverage, pharmaceuticals, retail services, and healthcare for small products. These aforementioned factors are likely to fuel the market growth during the forecasted period. However, high initial investments in the manufacturing of the sortation system are expected to hamper the growth of the automated sortation systems market during the forecast period. Technologies for Automated Warehouse Picking: Order pickers are used in warehouses, distribution centers, and fulfilment operations. However, as the e-commerce growth continues, improving order-picking processes with advancements in the automated warehouse picking technology aids workers in sorting that are getting smaller and more specialized. While automated warehouse picking technology has several productivity benefits when combined with order picking and warehouse management software, as it offers a paperless and simple way to keep track of inventory.Increasing use of Internet of Things technology opens the way for market growth:
The main driving factor behind IoT automation is to substantially reduce operational costs when automation devices, sensors, and actuators are made accessible over the internet to meet global demand. Intelligent manufacturing employs advanced manufacturing technologies to create flexible, smart, and adaptive production processes to satisfy the demands of a dynamic and global market. Manufacturers also utilize IIoT devices to forecast part failures, schedule repairs, inform and relieve spare parts stocks, and future repairs using predictive maintenance techniques. The stakes and benefits of IIoT technology are significant, which are expected to reach 75 billion by 2027. As a result, market competitors concentrate on utilizing technology to improve their product lines and meet the various sorting demands of end consumers. Market growth is anticipated to be aided by rising inventory demand globally.Global Automated Sortation System Market Segmentation Analysis
By Type, The linear sortation segment held the highest market share of 51.50% in 2022 and is expected to continue its dominance over the forecast period. The segment includes many sorting systems, such as shoe sorting systems, small belt sorting systems, and tilt sorts & cross-belt sorting devices. These systems are utilized mostly in cross-docks because they provide maximum performance and are efficient for long operating life. The Loop Sortation Segment is expected to grow at a CAGR of more than 5% during the forecast period. Tilt tray sorters and cross-belt sorters are examples of loop sorters. The majority of the time, these systems are used for medical purposes. By End-use, in 2022, the retail and e-commerce segment had the largest market share of 29.90 percent, and it is expected to grow at a rate of xx percent during the forecast period. The growing number of internet users, along with the convenience of online shopping, has increased the number of products bought online. The segment is anticipated to continue its high market share over the forecast period, with the number of online shoppers growing annually. The food and beverage segment is expected to grow at a CAGR of over 3% during the projected period. This growth is attributed to the growing usage of warehouse automation technologies in the food and beverage industry.Global Automated Sortation System Market Regional Insights
In 2022, Europe had the largest market share of 34.75 percent and is expected to continue its dominance over the forecast period. This is because major market companies like Siemens AG, KNAPP AG, and Beumer Group Gmbh are present in the region. The market is expected to increase due to rising demand in the transportation and logistics industry. Furthermore, European companies such as System Logistics S.p.A. and DHL International GmbH employ automation extensively in their warehouse operations, resulting in the region's growth. The Asia Pacific is expected to grow at the fastest rate of 6% during the forecast period. This is due to the growing popularity of online shopping in developing countries like India and China. Also, the markets revolution in this region is expected to boost the use of automated technologies, resulting in significant market growth potential during the forecast period.Global Automated Sortation System Market Scope: Inquire before buying
Global Automated Sortation System Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.00 Bn. Forecast Period 2023 to 2029 CAGR: 5.4% Market Size in 2029: US $ 7.23 Bn. Segments Covered: by Type Linear Sortation Loop Sortation by End Use Retail & E-commerce Food & Beverages Transportation & Logistics Pharmaceutical Global Automated Sortation System Market by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Global Automated Sortation System Market Key Players
1. Bastian Solutions, Inc 2. Beumer Group Gmbh 3.Dematic (KION Group AG) 4. Honeywell Intelligrated 5. Daifuku Co. Ltd 6. Interroll Group 7. KNAPP AG 8. Murata Machinery Ltd 9. Siemens AG 10. TGW Logistics Group 11. KION Group AG 12. Interroll Group 13. Siemens AG 14. Toyota Industries Corporation 15. Fives 16. Schaefer Systems International Pvt LtdFrequently Asked Questions
1. What is the projected market size & growth rate of the automated sortation system market? Ans-Micro-Mobility Charging Infrastructure Market was valued at USD 5 Billion in 2022 and is projected to reach USD 7.23 Billion by 2029, growing at a CAGR of 5.4 % during the forecast period. 2. What are the key driving factors for the growth of the automated sortation system market? Ans- The increased requirement for optimal inventory utilization, growing demand in the retail and e-commerce sectors, and increasing expenditures in warehouse automation are all driving the automated sortation system market growth. 3. Which region accounted for the largest automated sortation system market share? Ans- In 2022, Europe held a 34.73 percent share of the automated sortation system market. This is due to increased demand in the transportation and logistics industry. 4. Which segment accounted for the largest automated sortation system market share? Ans- In 2022, the retail and e-commerce segment had the largest market share of 29.90 percent, and it is expected to grow at a rate of xx percent during the forecast period. The growing number of internet users, along with the convenience of online shopping, has resulted in an increase in the number of products bought online. 5. Which are the top players operating in the automated sortation system market? Ans- Bastian Solutions, Inc, Beumer Group Gmbh, Daifuku Co. Ltd, Dematic (KION Group AG), Honeywell Intelligrated, Interroll Group, KNAPP AG, Murata Machinery Ltd, Siemens AG, TGW Logistics Group
1. Automated Sortation System Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Automated Sortation System Market: Dynamics 2.1. Automated Sortation System Market Trends by Region 2.1.1. North America Automated Sortation System Market Trends 2.1.2. Europe Automated Sortation System Market Trends 2.1.3. Asia Pacific Automated Sortation System Market Trends 2.1.4. Middle East and Africa Automated Sortation System Market Trends 2.1.5. South America Automated Sortation System Market Trends 2.2. Automated Sortation System Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Automated Sortation System Market Drivers 2.2.1.2. North America Automated Sortation System Market Restraints 2.2.1.3. North America Automated Sortation System Market Opportunities 2.2.1.4. North America Automated Sortation System Market Challenges 2.2.2. Europe 2.2.2.1. Europe Automated Sortation System Market Drivers 2.2.2.2. Europe Automated Sortation System Market Restraints 2.2.2.3. Europe Automated Sortation System Market Opportunities 2.2.2.4. Europe Automated Sortation System Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Automated Sortation System Market Drivers 2.2.3.2. Asia Pacific Automated Sortation System Market Restraints 2.2.3.3. Asia Pacific Automated Sortation System Market Opportunities 2.2.3.4. Asia Pacific Automated Sortation System Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Automated Sortation System Market Drivers 2.2.4.2. Middle East and Africa Automated Sortation System Market Restraints 2.2.4.3. Middle East and Africa Automated Sortation System Market Opportunities 2.2.4.4. Middle East and Africa Automated Sortation System Market Challenges 2.2.5. South America 2.2.5.1. South America Automated Sortation System Market Drivers 2.2.5.2. South America Automated Sortation System Market Restraints 2.2.5.3. South America Automated Sortation System Market Opportunities 2.2.5.4. South America Automated Sortation System Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Automated Sortation System Industry 2.8. Analysis of Government Schemes and Initiatives For Automated Sortation System Industry 2.9. Automated Sortation System Market Trade Analysis 2.10. The Global Pandemic Impact on Automated Sortation System Market 3. Automated Sortation System Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Automated Sortation System Market Size and Forecast, by Type (2022-2029) 3.1.1. Linear Sortation 3.1.2. Loop Sortation 3.2. Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 3.2.1. Retail & E-commerce 3.2.2. Food & Beverages 3.2.3. Transportation & Logistics 3.2.4. Pharmaceutical 3.3. Automated Sortation System Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Automated Sortation System Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Automated Sortation System Market Size and Forecast, by Type (2022-2029) 4.1.1. Linear Sortation 4.1.2. Loop Sortation 4.2. North America Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 4.2.1. Retail & E-commerce 4.2.2. Food & Beverages 4.2.3. Transportation & Logistics 4.2.4. Pharmaceutical 4.3. North America Automated Sortation System Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Automated Sortation System Market Size and Forecast, by Type (2022-2029) 4.3.1.1.1. Linear Sortation 4.3.1.1.2. Loop Sortation 4.3.1.2. United States Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 4.3.1.2.1. Retail & E-commerce 4.3.1.2.2. Food & Beverages 4.3.1.2.3. Transportation & Logistics 4.3.1.2.4. Pharmaceutical 4.3.2. Canada 4.3.2.1. Canada Automated Sortation System Market Size and Forecast, by Type (2022-2029) 4.3.2.1.1. Linear Sortation 4.3.2.1.2. Loop Sortation 4.3.2.2. Canada Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 4.3.2.2.1. Retail & E-commerce 4.3.2.2.2. Food & Beverages 4.3.2.2.3. Transportation & Logistics 4.3.2.2.4. Pharmaceutical 4.3.3. Mexico 4.3.3.1. Mexico Automated Sortation System Market Size and Forecast, by Type (2022-2029) 4.3.3.1.1. Linear Sortation 4.3.3.1.2. Loop Sortation 4.3.3.2. Mexico Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 4.3.3.2.1. Retail & E-commerce 4.3.3.2.2. Food & Beverages 4.3.3.2.3. Transportation & Logistics 4.3.3.2.4. Pharmaceutical 5. Europe Automated Sortation System Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Automated Sortation System Market Size and Forecast, by Type (2022-2029) 5.2. Europe Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 5.3. Europe Automated Sortation System Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Automated Sortation System Market Size and Forecast, by Type (2022-2029) 5.3.1.2. United Kingdom Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 5.3.2. France 5.3.2.1. France Automated Sortation System Market Size and Forecast, by Type (2022-2029) 5.3.2.2. France Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Automated Sortation System Market Size and Forecast, by Type (2022-2029) 5.3.3.2. Germany Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Automated Sortation System Market Size and Forecast, by Type (2022-2029) 5.3.4.2. Italy Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Automated Sortation System Market Size and Forecast, by Type (2022-2029) 5.3.5.2. Spain Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Automated Sortation System Market Size and Forecast, by Type (2022-2029) 5.3.6.2. Sweden Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Automated Sortation System Market Size and Forecast, by Type (2022-2029) 5.3.7.2. Austria Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Automated Sortation System Market Size and Forecast, by Type (2022-2029) 5.3.8.2. Rest of Europe Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6. Asia Pacific Automated Sortation System Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6.3. Asia Pacific Automated Sortation System Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.3.1.2. China Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.3.2.2. S Korea Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.3.3.2. Japan Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6.3.4. India 6.3.4.1. India Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.3.4.2. India Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.3.5.2. Australia Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.3.6.2. Indonesia Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.3.7.2. Malaysia Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.3.8.2. Vietnam Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.3.9.2. Taiwan Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Automated Sortation System Market Size and Forecast, by Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 7. Middle East and Africa Automated Sortation System Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Automated Sortation System Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 7.3. Middle East and Africa Automated Sortation System Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Automated Sortation System Market Size and Forecast, by Type (2022-2029) 7.3.1.2. South Africa Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Automated Sortation System Market Size and Forecast, by Type (2022-2029) 7.3.2.2. GCC Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Automated Sortation System Market Size and Forecast, by Type (2022-2029) 7.3.3.2. Nigeria Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Automated Sortation System Market Size and Forecast, by Type (2022-2029) 7.3.4.2. Rest of ME&A Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 8. South America Automated Sortation System Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Automated Sortation System Market Size and Forecast, by Type (2022-2029) 8.2. South America Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 8.3. South America Automated Sortation System Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Automated Sortation System Market Size and Forecast, by Type (2022-2029) 8.3.1.2. Brazil Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Automated Sortation System Market Size and Forecast, by Type (2022-2029) 8.3.2.2. Argentina Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Automated Sortation System Market Size and Forecast, by Type (2022-2029) 8.3.3.2. Rest Of South America Automated Sortation System Market Size and Forecast, by End Use (2022-2029) 9. Global Automated Sortation System Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Automated Sortation System Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Bastian Solutions, Inc 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Beumer Group Gmbh 10.3. Dematic (KION Group AG) 10.4. Honeywell Intelligrated 10.5. Daifuku Co. Ltd 10.6. Interroll Group 10.7. KNAPP AG 10.8. Murata Machinery Ltd 10.9. Siemens AG 10.10. TGW Logistics Group 10.11. KION Group AG 10.12. Interroll Group 10.13. Siemens AG 10.14. Toyota Industries Corporation 10.15. Fives 10.16. Schaefer Systems International Pvt Ltd 11. Key Findings 12. Industry Recommendations 13. Automated Sortation System Market: Research Methodology 14. Terms and Glossary